Belfast Telegraph

Tenant demand rises

Tenant demand continued to increase during the third quarter of the year, research by specialist buy-to-let lender Paragon has revealed.

The Private Rented Sector Trends Report for the third quarter gives a detailed overview of the sector and landlords’ views on performance.

More than four out of 10 landlords (44%) said tenant demand increased during the third quarter and just 4% thought it declined. When asked for their views on tenant demand for the next 12 months, almost half of landlords (49%) said they expect tenant demand to continue to increase.

Rental income remained healthy for a third consecutive quarter with 34% of landlords reporting an increase and only 4% saying that it had decreased.

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